Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
A shopkeeper gives 12\% additional discount on the discounted price, after giving an initial discount of 20\% on the labelled price of a radio. If the final sale price of the radio is ₹ 704, then what is its labelled price?
(a)₹ 844.80
(b)₹ 929.28
(c)₹ 1000
(d)₹ 1044.80
Answer
Answer (as printed): C
Explanation
Let the labelled price be ₹ $x$. $88 \%$ of $80 \%$ of $x=704 \Rightarrow x=\left(\frac{704 \times 100 \times 100}{88 \times 80}\right)=1000$.
Explanation as extracted from the printed page; notation may be imperfect.